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609 W Live Oak St, Fredericksburg, TX, 78624

9beds
6baths
4,053sqft
$995,000
$245price/sqft
$6,874/moest. monthly cost
$274,960/yrincome needed

About This Home

INCOME-PRODUCING COMMERCIAL PROPERTY WITH FUTURE UPSIDE Located just minutes from downtown Fredericksburg, 609 & 611 Live Oak St offer a rare opportunity to acquire an income-producing commercial property with significant long-term potential. The property consists of three occupied homes, providing immediate rental income from day one. Zoned commercial, this property allows for a wide range of uses, including office space, short-term rentals (STRs allowed), or future redevelopment. With no flood plain concerns, the site is well-positioned for expansion or additional units, making it especially attractive to investors and developers looking for flexibility. While the homes could benefit from updates, they are currently occupied and functioning as rentals, offering a strong value-add opportunity for the next owner to improve, reposition, or redevelop over time. Properties with this combination of location, zoning, income, and development potential are increasingly hard to find in Fredericksburg. Ideal for investors seeking cash flow now with upside later, or business owners looking to establish a presence in a growing market.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

5/10
6/10

Construction

Condition

  • Year built: 1960

Materials

  • Roof: Metal
  • Construction materials: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Ceiling Fan(s),Guest Quarters
  • Fireplace features: Masonry
  • Fireplace: Yes

Heating

  • Heating features: Central

Interior Area

  • Total structure area: 4,053
  • Total interior livable area: 4,053 sqft

Property

Details

  • Parcel number: 1155
  • Zoning: C-1

Features

  • Levels: Two
  • Fencing: Privacy
  • Waterfront features: None
  • Topography of land: Level
  • Living area range: 4000-4999

Lot

  • Lot size: 1.25 Acres
  • Features: In City Limits